NEWP Stock Update: New Pacific Metals Corp’s Banking’s Market Struggles and Potential Opportunities

New Pacific Metals Corp ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $3.04 on 04/13/23, while the lowest value for the same period was recorded at $0.87 on 02/29/24.

52-week price history of NEWP Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. New Pacific Metals Corp’s current trading price is -50.99% away from its 52-week high, while its distance from the 52-week low is 71.26%. The stock’s price range during the 52-week period has remained between $0.87 and $3.04. In the Basic Materials sector, the company’s shares saw a trading volume of around 0.77 million for the day, which was evidently higher than the average daily volume of 0.28 million over the past three months.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Market Capitalization and Financial Performance: An In-Depth Look

New Pacific Metals Corp (NEWP) has experienced a quarterly decline of -24.37% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 255.10M.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.4562, with a change in price of -0.1700. Similarly, New Pacific Metals Corp recorded 264,639 in trading volume during the last 100 days, posting a change of -10.24%.

Examining NEWP’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for NEWP stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.

NEWP Stock Stochastic Average

As of today, New Pacific Metals Corp’s raw stochastic average for the last 50 days stands at 91.18%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 98.25%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 99.42% and 95.01%, respectively.

NEWP Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price decrease of -21.99%. However, over the past six months, we’ve seen a stronger performance of -18.13%. The price of NEWP fallen by 62.84% over the last 30 days. And in the last five days, it has surged by 22.13%.

On Key

Related Posts